Bitcoin price set to rebound? BTC shorts on Bitfinex crash by 25% after record spikes
The latest meltdown in BitFinex BTC shorts could follow up with a spike in spot Bitcoin bids, stated one analyst. Go to Source Powered by WPeMatico
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Altcoin Roundup: Data shows social metrics surge ahead of DeFi and NFT price rallies
Analyzing Twitter mentions and Google Trends data is another way traders keep an eye on emerging trends and sector rotations in the cryptocurrency ecosystem. Go to Source Powered by WPeMatico
Analyst highlights 3 macro metrics that clearly show DeFi sector growth
Taking a bird’s-eye-view of the DeFi sector shows that even though asset prices are down, the ecosystem continues to rapidly expand. Go to Source Powered by WPeMatico
Bitcoin price is down, but here’s 3 reasons why $1B liquidations are less frequent
This year crypto derivatives traders faced some tough times, but the current situation seems much more favorable to Bitcoin bulls. Go to Source Powered by WPeMatico
Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch
The SNX/USD exchange reached $13.76 on Monday for the first time since June 3. Go to Source Powered by WPeMatico
FLOW faces 20% crash risk after intraday pump-and-dump
A recent rundown in the FLOW market has activated a bearish technical pattern, risking huge declines in the sessions ahead. Go to Source Powered by WPeMatico
Bitcoin analyst says ‘supply shock’ underway as BTC withdrawal rate spikes to one-year high
The supply shock is being unnoticed similar to Q4 2020 before the price of Bitcoin skyrocketed, says Willy Woo. Go to Source Powered by WPeMatico
AAVE price hits 3-week high as ‘Aave Pro’ debuts for institutional lending
Aave’s gains also coincide with a sharp upside momentum across the cryptocurrency market. Go to Source Powered by WPeMatico
Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average
The crypto market may be down from its all-time highs, but dollar-cost averaging is still the best way to build long-term profits. Go to Source Powered by WPeMatico
Bitcoin may lose $30K price level if stocks tank, analysts warn
Downside risks for BTC price are also heightened due to the recent dollar bounce. Go to Source Powered by WPeMatico